Category Archives: Energy

Turkey’s Borsa Istanbul flat at opening

ANKARA

The Istanbul stock exchange fell 27.82 points at Monday's opening.

The BIST 100 dropped by 0.03 percent to open at 98,915.05 points.

The banking and holding sector indices fell by 0.12 percent and 0.14 percent respectively while the financial …

Senior diplomat: Somalia will not sever ties with Qatar

JOHANNESBURG

Somalia will not sever ties with Qatar as the Gulf state becomes increasingly isolated from its nieghbors, a senior Somali diplomat has told Anadolu Agency.

Somalia has taken a neutral position, Abdi Halane Hirsi, spokesman and cultural attache at …

DC Roundup: Trump Criticizes Comey, Mixed Message on Qatar, US Infrastructure Plan

Developments in Washington, D.C., on Friday include President Donald Trump saying former FBI Director James Comey wasn't truthful to Senate panel, releasing his infrastructure plan, as well as the White House sending mixed messages on Qatar relations.

Trump Willing to …

Putin: Terrorism ‘main threat’ to SCO members

ANKARA

Terrorism is a "main threat" to the security of the Shanghai Cooperation Organization (SCO) member states, Russian President Vladimir Putin said on Friday.

"Obviously, the main threat to the security of the SCO states is, above all, terrorism," Putin …

UAE, Egypt to replace LNG supplier due to Gulf crisis

ANKARA

Qatar's LNG supplies to the United Arab Emirates (U.A.E.) and Egypt will likely have to stop, according to the Chief Executive Office of Dubai-based consultancy Qamar Energy, Robin Mills, on Friday.

Mills told Anadolu Agency that if direct LNG …

Turkey: Independence poll for northern Iraq a ‘mistake’

ANKARA

The decision by the Kurdish Regional Government (KRG) in Iraq to hold an independence referendum later this year is a grave mistake, the Turkish Foreign Ministry said Friday.

Reacting to KRG President Masoud Barzani's announcement that a vote would …

Turkey: In May stocks yield highest monthly profit

ANKARA

The Borsa Istanbul index yielded the highest monthly real profit among financial investment tools in Turkey this May, the Turkish Statistics Institute (TurkStat) said on Friday.

Turkey's benchmark index rates were 4.50 percent and 4.57 percent in May, according …